Episode 191: Our guest is scaling rapidly but has 2 key challenges...

Stuart and Simon are joined by special guest, Adam from Sulis Properties. In just three years Sulis Properties have built a portfolio of six buy-to-lets, completed two flips and joint ventured on an HMO. This week we talk through their journey and current scaling challenges. Join our email newsletter for extra, exclusive resources. The property talk this week includes: Find Sulis Properties on Instagram. Doing a lot, building a BTL portfolio, in three years. A plan to retire at 50, based on BTL. Rebalancing the work / life routine. Starting with about £100k. Getting a boost from the early pandemic market. Using lockdowns to be local, for an otherwise remote investment location. It's harder to manage trades remotely, even with some trusted local support. Considering gross yield and net yield. A preference for return on capital employed (ROCE). Trying different strategies and pivoting with new knowledge. Considering flips in a (slightly) downward market. Having a valuable offer for investors. Finding investors. Find us on Twitter, YouTube or LinkedIn: Stuart, Simon. Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms. Join our email newsletter for extra, exclusive resources. Please leave us a rating and review if you're enjoying the show. This podcast is produced in association with PaTMa, the leading application for self managing landlords who want to save time and stay compliant. Easily track properties, tenancies, tenants, repairs, rent, mortgage payments and safety certificates. Get your FREE account today.Special Guest: Adam Watson.

Om Podcasten

The Business of Property follows the journey of two entrepreneurs working in the property world. Stuart is a property investor with a focus on HMOs, mostly for the student market. He prefers a hands-off approach with most of his investment properties being remote. Simon has a small portfolio of vanilla buy-to-let properties that he mostly self-manages. To make his property management easier he created Property and Tenant Manager (https://www.patma.co.uk/). Simon and Stuart, along with guests, discuss the ups and downs they're experiencing in their property businesses. Along the way they share property news, business tips and anything else that happens to crop up their weekly chats. Popular episodes include: Getting started in property (https://www.thebusinessofproperty.com/59) - the first in a mini series discussing topics to consider when starting in property investment. Property investment terms (https://www.thebusinessofproperty.com/12) - great if you're just getting started in property and need some help understanding the common jargon. Property strategy terms (https://www.thebusinessofproperty.com/13) - another jargon busting episode that's great if you're early in your property journey or considering changing your property strategy. Less property but relevant to everyone is a discussion on time management (https://www.thebusinessofproperty.com/10). Last but not least are a couple of episodes that talk about angel investing (https://www.thebusinessofproperty.com/14) and property finance (https://www.thebusinessofproperty.com/15) more widely.